ALC 1.75% 5.8¢ alcidion group limited

Ann: Q4 FY23 Quarterly Activities Report and Appendix 4C, page-7

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  1. 1,415 Posts.
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    I really like this business - very clean, focused and goal driven with a strong and experienced leader.

    Going through the financials I am happy with the scaling that is beginning to show through as the company grows.

    One question for the accountants out there:

    Quarterly cashflow report section 8,estimated quarters of funding is recorded as N/A - I have not seen this before.
    The amount is measurable as indicated by taking item 8.4 divided by item 8.1 which would come to 2.48. Considering the growth and margins on the business I do not have concerns with the number but wondering why it has been logged as 2.48.

    The business is solid, I will be buying more as I free up capital.
 
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